Firstrade margin rates
Firstrade charges 11.00% a year on a $100,000 margin loan and 12.00% on $25,000, according to its published schedule, dated September 16, 2026. At $100,000 that is 13th lowest of the 14 brokers we compare.
- On $25,000
- 12.00%$3,000 a year · 13th lowest of 14
- On $100,000
- 11.00%$11,000 a year · 13th lowest of 14
- On $500,000
- 8.85%$44,250 a year · 10th lowest of 10
- Firstrade base rate
- 11.00%2026-09-16
The full schedule
| Debit balance | Annual rate | How it is set |
|---|---|---|
| $0 to $24,999 | 12.250% | + 1.25% |
| $25,000 to $49,999 | 12.000% | + 1.00% |
| $50,000 to $99,999 | 11.500% | + 0.50% |
| $100,000 to $249,999 | 11.000% | + 0.00% |
| $250,000 to $499,999 | 10.750% | - 0.25% |
| $500,000 to $999,999 | 8.850% | - 2.15% |
| $1,000,000 and up | 8.250% | - 2.75% |
The rate for the tier your balance falls in applies to the whole balance.
Worth knowing
Firstrade dated its schedule the day before the Federal Reserve's September 17, 2026 rate change.
Source
Firstrade margin rates page: "As of September 16,2026 , the current base rate is 11 %.". Schedule date: September 16, 2026. Checked 2026-10-24. Automated check October 24, 2026: every rate listed here still appears on the broker's page. Rates change without notice; the broker's own disclosure governs.
What will borrowing cost?
Published rates, simple interest